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Assurance Office, Swan House, 146 - 147 St Helens Road, Swansea SA1 4DE
Call us on: 01792 720170
Assurance Accountancy can advise employers in the Swansea area on the use of pooled cars and vans. Here is an overview of the main considerations...
Some employers, or groups of employers, find it convenient to have one or more cars or vans that are readily available for business use by a number of employees. The cars or vans are not allocated to any one employee and are only available for genuine business use. Such cars and vans are usually known as pooled cars and vans.
No car or van benefit arises on a pooled car or van providing that, in the relevant tax year, it satisfies all the following conditions:
If you are an employer in the Swansea area and would like more information on pooled cars and vans, contact Assurance Accountancy.
11 May 2021
Research carried out by manufacturers' organisation Make UK has revealed that a record level of Apprenticeship Levy funds expired in 2020 without being spent by businesses.